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20120926
20121004
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, released about an hour ago. gdp, gross domestic products, our big picture economy grew only at an annual rate of 1.3% in the second quarter. i said before, that's stall speed. i mean it. that's very, very low rate of growth. 4% the end of last year, 2 1/2% early this year, now, 1.3, that's a nasty down trend. all right, the markets opened, we did expect an up trend, up tick in the opening bell. we've got it. 25 points higher, ultimately maybe 50 points higher within the next couple of minutes. i want to call this the iphone effect. nokia may cancel its dividend in the face of big time competition from the iphone. okay, nicole, where did nokia shares open? let's start with them. >> they're a winner today. up 2.5%, all right? up 2 1/2%. cutting the dividend is certainly not good news, but they've priced their knew lumia, more than the samsung galaxy so they're pushing a new phone now and that's where the euphoria is surrounding nokia. stuart: i've got to say i don't get that. priced the new phone higher than the galaxy and now it goes up. and blackberry, research in motion, that stock has
:30. and it could move the market, especially a big build in inventory finding a very slow economy and we're also going to get a ten o'clock new home sales numbers and normally they do not directly affect the market and we'll see coming up at ten o'clock this morning and you will have the numbers. the opening bell has stopped, it's stopped ringing and now they're actually trading and we're expecting a modest, actually, we're expecting a flat market to start with. flat to slightly lower, because of what's happening in europe, mayhem over there, especially in spain and that does not bowed well for america's stock market. we should see. we're dead flat in the half minute's worth of business. perhaps we were hasty when we put the blackberry maker rim, adding they added 2 million subscribers, nicole, i want a stock price. >> am i included in the "we"? i didn't have them on death watch, you may remember. stuart: you're right. >> the death music came on, hold on, what happened yesterday. went up 5% because they added subscribers and 3.3%, and up to 80 million subscribers. stuart: i got it. now, tell me
the military but the economy, too. according to president obama, there is such a thing as economic patriotism. >> during campaign season you always hear a lot about patriotism. well, you know what? it's time for a new economic patriotism. an economic patriotism rooted in the belief that growing our economy begins with a strong and thriving middle class. >> it's become sort of a democratic man tra. in 2008, it was said the richer needs to pay more. >> no wone has more patriotism than even money needs a passport. summers on the beaches of the cayman islands and winters on the slopes of the swiss alps. >> ouch. the romney campaign is firing back as in, hey, a humongous deficit is not patriotic. >> this is a land where economic freedom has allowed people to pursue their dreams and in doing so and achieving success, they lift us as a nation, they give us jobs, i will not apologize for success here and i will never apologize for america abroad. >> how's that for economic patriotism, whatever that is? so the talk back question for you this morning, is there such a thing as economic patriotism, faceb
naturally. not in this economy. we also have zero free time, and my dad moving in. so we went to fidelity. we looked at our family's goals and some ways to help us get there. they helped me fix my economy, the one in my house. now they're managing my investments for me. and with fidelity, getting back on track was easier than i thought. call or come in today to take control of your personal economy. get one-on-one help from america's retirement leader. >>> 22 minutes past the hour. here is a headline we could all enjoy. new signs the housing market is recovering, and in about 30 minutes the u.s. commerce department releases new numbers for august home sales. analysts are expecting sales to increase by 380,000 homes. that's up from july when sales increased by 372,000 homes. so should we all be dancing in the streets? our business guru christine romans is here to tell us. hi, kristine. >> good morning, carol. so nice to put one or two or three months of good housing news back to back and report it to you. at 10:00 we'll get the new home sales, and you just give the forecasts. why new home
now give the president the edge on the economy. the cornerstone on the economy. and they believe romney's policies will favor the rich. >> it's been a consistent line of attack for the president. >> i do not believe that another round of tax cuts for millionaires will bring good jobs back to ohio. >> and it features prominently in obama's television ads that have saturated the air waves. they're joust spending the romney team. they have spent $47.9 million in ohio, and romney and outside groups have spent $42.5 million. the romney campaign says it's not bothered by the poll numbers saying they have confidence in their own internal polling and believe their making in roads in ohio and message with lower spending and debt. >> the status quo has not worked. we cannot afford four more years of barack obama, we're not going to have four more years of barack obama. >> if you had any doubt about the schedule, they even have rallies scheduled at the exact same time in different cities. >> thank you, frank luntz is a former hpollster, good morning. >> morning, and i think ohio will win th
factor in how this whole economy shapes up. going you there the holidays they will -- okay, do you have a question there? melissa: i did because i don't understand. it is not like they're going to stop delivering mail if they run out of money. they're not just fund out postage. they have a giant debt to the treasury, a huge line of credit. they're defaulting on debt they have now. they continue to get loans. they run out of cash not like they will shut the door on your customers and your customers will have to lay off all their workers, right? >> part of the problem they have to make this $5.5 billion payment for the prefunding of health care. they have got to make another payment here shortly in september for the retirement funds. another $5 billion. they're just not going to make those payments. they will not have enough cash going through the system to make this payment at this time. what they're going to do is they will move things around, close facilities faster than they had allegedly told us they were going to do it. so it disrupts the whole distribution system of the mailing pro
are not going have a strong country and a strong economy if we don't strengthen what we do at every level early childhood, higher ed. those two things are linked. we move forward we want to stay focused where we're going fop continue to focus on the early childhood investment. we are in that for the long haul. continue to drive reform. think about how technology how can technology increase efficiency better outcome as well? think about the next generation of teachers coming in. we talked a lot about the respect the initiative. a million teachers retiring over the next five years. our ability to retract and gain great talent now saves education for the next thirty. how we make a real profession where great talents wants to come, stay, gets compensated and has a career leader. a lot of work we can do together to make a profession. we're losing too many of the great talent and losing folks at front education end that won't think about coming to education. the higher education side we have to breakthrough on the cost issue. and 0 states cutting funding more and more middle class families are thinki
on the economy, the corner stone of romney's campaign and those voters also say they believe romney's policies will favor the rich. >> there's been a consistent line of afact from the president. >> i do not believe that another round of tax cuts for millionaires are going to bring good jobs back to ohio. >> reporter: it features promptly in mr. obama's television ads which has saturated the air waves. the president and his team are out spending the romney team on television though both campaigns have spent more here than in any other battleground state. the president and groups supporting him have spent $49.9 million in ohio while romney and outside groups have spent $42.5 million. the romney camp says it's not bothered by poll numbers say they have confidence by their own internal polling and believe they are making inroads in ohio and message of lower spending and debt. >> the status quo has not worked. we can't afford four more years of barack obama. we won't have four more years of barack obama. >> now if you had any doubt about the importance of ohio look at the campaign schedule today. t
not realize that most of our jobs in this economy come from small businesses. we need to champion small businesses. we need to make sure >> despite the small size, new hampshire is a key battle ground state. ryan was just there last week. >>> the latest polls show the president ahead of romney in nine battle ground states. the biggest leads are in new hampshire, iowa and the smaller in north carolina. the average percentage of polls is 49.5% for president obama, 44% for romney. >> there are more accusations of voter fraud in florida. the state says suspicious voter registration forms have turned up in at least 10 counties. the florida republican party blames the firm it hired. the g.o.p. national committee paid more than $3 million to the company, strategic consulting for voter registration and get out the vote operations. republicans say they fired the firm after apparent phoney registration forms started to turn up. >>> nobel peace prize winner anhs san suchi makes a stop on her historic trip to the u.s. she is scheduled to speak at the university of san francisco. suchi has already m
Search Results 0 to 9 of about 10 (some duplicates have been removed)

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